The Rising Cost of Claims: Why Restoration Matters!

  by Phill McGurk (CARSI)   Insurance claims costs have risen sharply in recent years, driven by inflation, labour shortages, supply chain issues and global unrest. This represents an immense challenge for insurers and policyholders as higher costs lead to more claim denials, underpayments, and disputes. Premiums are also impacted as carriers pass on increased expenses.…

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How much does Water Damage Repair Cost?

How much does Water Damage Repair Cost? The cost of water damage repair can vary significantly depending on the extent of damage, size of the affected area, and materials impacted. On average, minor water damage may cost a few hundred dollars while major flooding can cost several thousand dollars. Factors like mould remediation, replacement of…

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